Friday, September 27, 2013

Five Favorite Coral Gables Parks

In addition to having a solid understanding of the Coral Gable real estate market, we love to feature the characteristics that are so appealing about our fair city.  Coral Gables is well known for being South Florida’s most beautiful city with unbelievable and elegant architecture, great restaurants and shops, and panoramic Biscayne Bay views.  Another popular attribute of Coral Gables is the large amount of green space and parks. 

Coral Gables has over 20 parks that are well maintained and add to the atmosphere of their close-by neighborhoods.  While some feature green space and picnic tables, others have more to offer the people who live close to the parks.  Additionally, even though the parks encompass varying amounts of space, each has its own features that draw the residents of Coral Gables.  Following are some of our favorite Coral Gables parks and what we like about them.  

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Phillips Park, 90 Menores Avenue
With over three acres of green space and areas for activities, Phillips Park sits just north of the Miracle Mile in the heart of Coral Gables.  It is surrounded by some of Coral Gables best neighborhoods like Coral Groves, Coral Estates and Douglas where home values range from the mid-$500s to well over $2 million and have that classic Florida appeal and character of days past.

Phillips Park is one of those parks that appeals to every age group from kids who want to run and play to those who enjoy walking along the paths or spending time in the warm Florida sunshine.  The park has a nice playground for kids, basketball and tennis courts, picnic tables, a pavilion, a large ball field and more.  This is a classic park that just beckons for people to come and spend time.

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Jaycee Park, 1230 Hardee Road
Sitting on two acres, this is another of those classic parks.  It has all the bells and whistles in terms of walking paths, a playground, nice park benches scattered about, basketball and tennis courts, picnic table, and more.  Because it is situated in Gables Riviera, it is very popular with families.  Kids love coming to the playground or running on the ball field (provided there are no games…and even then they try).  There is tons of shade with huge, full trees all around so reading or simply enjoying Starbuck’s on a park bench is nice too. 

In terms of real estate around it, this is a great area with excellent options.  There is a broad spectrum of home values and list prices ranging from the mid-$400s to well over $5 million.   Gables Riviera is a wonderfully easy-going, family-oriented neighborhood and Jaycee Park only adds to its appeal. 

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Riviera Park, 6611 Yumuri Street
Not far from Jaycee Park is Riviera Park.  This three-acre green space is more for those who simply want to walk, have lunch at a picnic table or (here is the best part), take their pooches to the park.  Yes – it is a pet friendly park which is why we mention it.  With so many parks packed into one fantastic city, it is amazing that less than a handful is happy to have pets.

Riviera Park is situated in Sunset Acres neighborhood where home values top $1 million and climb from there.  It is an established neighborhood with quiet streets that are lined with lots of big trees and sidewalks making it easy to walk to the park.  The park adds a lot to the neighborhood making it that much more inviting. 

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George Merrick Park, 400 Biltmore Way
Not really a “park” in the truest sense of the word (no swings, basketball courts, etc.), this is one of our favorites simply because of the events that take place here.  During the winter months (or what we consider winter), January – March, Merrick Park is the home of the Coral Gables Farmers Market on Saturday mornings.   Then in April, the Merrick Festival takes place.  But our favorites occur during the holidays.  Right after Thanksgiving, Merrick Park turns into Santa’s Village until Christmas at which point, it transforms into the start of the Junior Orange Bowl Parade.  Situated across from City Hall and at the north end of the Miracle Mile, Merrick Park is a small plot of green space with two huge old oak trees.

Merrick Park is a great place to take a break from work or the grind of shopping on the Miracle Mile to have lunch on the grass or to take a little breather.  It is just a nice little green oasis in the middle of the city.  Real estate around it runs the gamut with Coral Gables condominium properties.  List prices range from the mid-$300s into the millions for properties close to Merrick Park. 

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Salvadore Park, 1120 Andalusia Avenue
At just under four acres, Salvadore Park’s primary focus is its tennis facilities.  With 13 courts, this is one of Coral Gables best places for the sport.  But beyond that, Salvadore Park has a great playground for kids not to mention picnic tables, walking paths and other great features.  There are lots of after school activities and summer camps that are primarily tennis-focused at the park. 

Salvadore Park is centrally situated in a very residential part of Coral Gables.  The Granada, Coral Groves, and Country Club neighborhoods surround it.  This is another very family-oriented area with home values and list prices falling in a broad range from the mid to upper-$300s to well over $1 million.  It is a fantastic park in an even better neighborhood.  That is why we love this park.

So Many Parks in Coral Gables

There are so many parks in Coral Gables.  When walking through them, the common thread is how well they are maintained and the care that is put into each and every one.  Coral Gables is called the “city beautiful” and that sentiment is carried through the park system.  We love our parks almost as much as we love Coral Gables!

Thursday, September 19, 2013

Top Five Newest Coral Gables Listings Under $500K

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It only takes one visit to Coral Gables to see what all the fuss is over this "city beautiful."   From the unique architecture with a Mediterranean flair to the wonderful shops and restaurants, so many people make the decision to live here instead of simply visit every year. 

For those who are interested in settling in Coral Gables, or at least in spending half the year in paradise, there are lots of real estate options in this glorious city.  Much of the median priced properties are situated in the heart of the city close to the top golf courses, the Miracle Mile's shopping and dining and the University of Miami.  To give an idea of what is out there, following are the top five newest Coral Gables real estate listings under $500K.

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918 Ferdinand Street, Gables Granada, List Price:  $500,000
This is an absolutely fantastic home with so much character and detail.  Updated with modern fixtures and finishes, it offers the best of old and new.  Built in 1926, this home features beautiful hardwood floors, arched doorways, clay tile floors in the kitchen and detached garage and more.  Then the new is added with a remodeled kitchen with granite counter tops and stainless steel appliances as well as updated and modern baths.  Outside, the brick driveway is lined with tropical landscaping and leads to a wonderful backyard with brick patio and covered clay tiled porch. This is definitely one of those homes that gets a lot of attention because of its character.  Because it is in the heart of Coral Gables, it is close to everything from golf to shopping to travelling into Downtown Miami. 

coral-gables-real-estate-under-$500K1109 Tangier Street, Granada, List Price:  $495,900
Located on a wonderful tree-line street in one of the favorite established neighborhoods in the heart of Coral Gables, this is the perfect home with two large bedrooms and two baths and a den that can easily be converted to a third bedroom.  The front entrance features a shady porch while the backyard offers fruit trees and a beautifully landscaped lawn.  With over 1,600 square feet, there is lots of room to move with open and airy rooms.  The kitchen has tons of counter and cabinet space but could use a little updating to make it more modern.  The garage is large and also has a storage loft.  Built in 1955, this home is full of character with a Mediterranean style architecture that is the epitome of the old Florida.

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920 Alberca Street, Granada, List Price:  $485,000
Granada is a section of the Gables that oozes Florida the way it used to be.  With its Spanish-Mediterranean architectural style, its barrel roof, and detailed tiled entry, this 1,492-square foot home, built in 1942, oozes old Florida.  Other details include a huge picture window across the front of the house as well as an open living and dining area that is very inviting.  The newly remodeled kitchen features granite counter tops, custom cabinetry and stainless steel appliances while the bathroom is equipped with designer fixtures.   Additionally, there are upgrades like shutters, a new roof, and crown molding throughout the house.  Outside, there is a beautifully landscaped yard with lots of mature shade trees.  In terms of location, golf courses abound with the Granada Golf Course and the Biltmore just five minutes away.

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637 Zamora Avenue, Coral Estates, List Price:  $475,900
This cozy bungalow with a Mediterranean influence is situated in one of Coral Gables most established neighborhoods.  Built in 1940, it features a new kitchen with sleek cabinetry and tons of counter tops.  It has so much style and character with clay tile floors in the entryway, hardwood floors throughout the house arched doorways leading from one room to another.  The newly remodeled bath features ceramic tile walls and floors with updated, designer fixtures.  In the backyard, there is a wonderful bricked in patio and lawn that offers tons of room for expansion.  The brick-paver driveway and sidewalk add a touch of elegance to an already beautiful home with tons to offer.

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1607 Ponce de Leon Boulevard, #10A, Ponce de Leon Condo, List Price:  $469,000
Located in one of the premiere buildings in Coral Gables, this gorgeous residence offers beautiful panoramic views of downtown as well as the Miami skyline.  A private elevator opens up to the two-bedroom, two-bath unit that is spacious and features a designer elements throughout each room.  The kitchen has granite counter tops, stainless steel appliances and sleek cabinetry while the baths have updated fixtures and finishes.  Steep out onto a balcony or look out one of the floor to ceiling windows from the city.   Several community amenities are situated on the sixth floor and include a large pool patio, hot tub and lanai with a fitness center and sauna.   Close to everything in Coral Gables, walk to all of Downtown Coral Gables' restaurants & unique shops as well as Publix.

Tons of Character
At $500K and just below, there are numerous single family homes in Coral Gables' most established neighborhoods.  With tons of character and in a peaceful atmosphere, these offer so much to their owners.  But, if condominium life seems more appealing, Coral Gables is full of property in beautiful, centrally located communities that are also popular with buyers.

Thursday, September 12, 2013

Top Five Coral Gables Rentals Under $10,000 Per Month

Coral Gables is one of the most affluent cities in all of South Florida.  With high-end boutiques and upscale restaurants along with grand condominiums and stunning waterfront estates in gated neighborhoods, Coral Gables has a lot to offer to those who live here. 

For some, their residency is part time or temporary while others simply do not want the responsibility of home ownership making it more beneficial for them to lease a Coral Gables rental.  Following are the top five Coral Gables rentals under $10,000 per month:


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725 Villabella Avenue, Coral Gables Riviera, Monthly Rental Rate:  $9,900
Built in 1950, this gorgeous home is large and features five bedrooms and four baths along with dining and living rooms, a family room, and a maid’s room.  Recently remodeled and updated, there are so many beautiful fixtures and finishes that make this home outstanding.  The gourmet kitchen has dazzling granite counter tops and high-end stainless steel appliances including a Miele stove, Fisher and Paykel dishwasher and a Sub Zero refrigerator.  Outside there is a spacious bricked-in patio and outdoor living and dining area that is perfect for entertaining.  It is surrounded by lush tropical landscaping and faces a wood dock on a canal with easy access to open water.  

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3701 Durango Street, Coral Gables Country Club, Monthly Rental Rate:  $8,400
This distinctive two-story 'old-Spanish' style home has so much character and beautiful design and resembles a Spanish villa.  In perfect condition, this 1920s home sits on a large corner lot and features a gorgeous and perfectly maintained center courtyard that adjoins a landscaped backyard and large pool.  Inside, there is a recently remodeled, eat-in kitchen with granite counter tops, a Viking stove and beautiful tiled backsplash.  Additionally, there is a one-bedroom, one-bath apartment over the two-car garage.  This annual rental is located close to excellent public and private schools as well Biltmore Golf Course not to mention a short drive from the Miracle Mile. 


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13005 Zambrana Street, Gables by the Sea, Monthly Rental Rate:  $7,800
A perfect home for boaters, this home is ideal for boaters as it sits on a wide and deep canal with a 100-foot sea wall and a dock with lift.  It is just a couple of minutes by boat to the Bay.  The 2,900+ square foot home features four bedrooms, three baths, and great screened in patio with a hot tub and panoramic water views.  There are two master suites as well as two other spacious bedrooms with walk-in closets.  The laundry room offers tons of storage.  Additionally, there is a large kitchen with tons of work space and covered parking for four cars. 

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13040 Nevada Street, Gables by the Sea, Monthly Rental Rate:  $7,500
This is the perfect combination of a great house in the exclusive Gables by the Sea and an even better monthly rental rate!  With three bedrooms and three baths, this remodeled home with a gorgeous, sleek contemporary design sits at the end of a canal with 80 feet of waterfront and easy access to the Bay...and of course, there are no bridges.  Leading out the water is a fabulous backyard with a pool and room for a swing set.  Inside, the split floor plan offers both formals with a kitchen that is recently updated and has fantastic contemporary cabinets, stainless steel appliances and tons of counter space.  It opens to a wonderful and airy family room.  There is also the possibility of a fourth bedroom.  Enjoy living in this home that is ideal for families and corporate executives as it is close to excellent public and private schools.  This is, without a doubt, a great house. 


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4516 University Drive, Coral Gables Country Club, Monthly Rent:  $7,500
Built in 1950, this beautiful, 4,000+ square foot home is located in a classic and established neighborhood in the Gables.  It has recently been remodeled with refinished hardwood floors, fresh paint, a new kitchen and new baths.  Additionally there are five bedrooms (with new plantation shutters), five baths and a two-car garages.  It is situated on a golf course lot and showcases breathtaking views of the Riviera Golf Course.  Other attributes include a huge formal dining room and elegant French doors that lead to the outdoor patio overlooking the golf course. The lush landscaping is mature and green just like the tree lined streets all over this exquisite neighborhood. 

Luxurious Living

With Coral Gables real estate, there are tons of opportunity for luxurious living.  In terms of Coral Gables rentals, there are beautiful homes and units in condominiums that allow people to live in a home that is at the level of their main residence.  Whether a family, business executive or retirees, Coral Gables is a great place to live.

Wednesday, September 4, 2013

Top Five Coral Gables Single-Family Homes

At the beginning of the year, we highlighted the top five Coral Gables single-family homes listed for sale.  As the year has progressed and the market has gained some strength so too has this list.  Coral Gables, for the most part, is an upscale community that features wonderful neighborhoods with a variety of homes from classic ‘old Florida’ style homes with tons of character to elegant and beautiful estates in some of the most exclusive communities.  Many local and national celebrities as well as some of the wealthiest people in South Florida choose to live in Coral Gables.

The current Coral Gables real estate market features over 270 single family homes that, for the most part, are priced from about $200K.  The interesting thing to note is that of the total number of homes on the market in Coral Gables, almost 160 of them are priced at $1 million or higher.  With this in mind, here are the top five Coral Gables single family homes listed for sale:


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110 Arvida Parkway, Gables Estates, List Price:  $35,000,000
Just pulling up to the entrance of this exquisite estate says everything about this listing.  Its ivy covered columns and tree-lined circular drive leads up to a gorgeous 12,000+ foot Mediterranean home situated on a 1.8-acre bay front lot with more than 200 feet of dockage and a boat lift – not to mention immediate access to Biscayne Bay.  Inside, there are 12-foot ceilings throughout the home with 30-foot ceilings in the living room and foyer.  Other highlights include six bedrooms, nine and a half baths with a separate in-law quarters, a library, exercise room, billiard room, an air-conditioned four-car garage and so much more.  Outside there is lush and tropical landscaping that surrounds the home along with the unbelievable limestone patio and pool area.  On top of all of this, the backyard is perfect for families with children as there is plenty of room to play. 


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4 Tahiti Beach Island, Cocoplum, List Price:  $25,000,000
Living on Tahiti Beach Island is like really living on a Tahitian island.  This enormous 21,000+ square foot home sits on a one and a half acre-lot with a white sandy beach on a private lagoon looking out over Biscayne Bay.  Inside, this enormous home features 10 large bedrooms, a home office, a two-story living room, formal dining room, theater, private elevator, maid’s quarters, and a four-car garage.  The kitchen is simply incredible with a sleek, contemporary design and high-end appliances along with a huge window looking out over the Bay.  The master suite takes your breath away with panoramic views and an enormous, private balcony and an enormous marble spa-like bath.  Outdoors, there is a resort style infinity-edge pool that is adjacent to the private beach on Biscayne Bay.  The outdoor living area is as big as many homes with a full-service outdoor kitchen and living and dining areas.  This is an estate like no other and has so much that it needs to be seen to be believed.  It is probably one of the most exquisite homes in all of Miami-Dade County. Be prepared to be in awe!

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9151 Arvida Lane, Gables Estates, List Price:  $18,000,000
In January, this was the most expensive listing in all of Coral Gables.  Located in gated Gables Estates, this gorgeous 15,000-square foot estate sits on a beautiful point lot with unbelievable water views and easy, direct access into Biscayne Bay.  The front of the home features a circular drive and a welcoming entrance.  Because of its location, it features 900 feet of waterfront along with two docks and easy access to Biscayne Bay.  Inside the home, there are eight bedrooms and 10 baths as well as a guest house with two bedrooms and two baths – all with every update and modern convenience imaginable.  Some of the impeccable fixtures and finishes include high cypress ceilings, Brazilian cherry floors and huge floor to ceiling windows.  Other amenities in this estate consist of a two-story library, private observatory and home theatre, this estate rivals most any five-star resort.  Outside, the perfectly landscaped grounds surround a resort-style heated pool and spa, outdoor kitchen with barbecue area, and two-stories of balconies that look out over the beautiful grottos.  There is no end to what this gorgeous estate has to offer…all for less than $20 million. 

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601 Leucadendra Drive, Gables Estates, List Price:  $13,495,000
Built in 1982, and contemporary in its architectural design, this 11,700-square foot stone and wood home is perfectly situated on a waterfront lot facing a canal with two ways to get into Biscayne Bay.  Over 1.5 acres of tropical landscaped grounds surround the home as well as private tennis court. Additionally there are 300 feet of waterfront with multiple docks to accommodate various sized vessels.  Inside the home there are huge windows with amazing views from every vantage point, tons of detailed woodwork, limestone flooring, a huge living room with two-story windows and so much more.  The large gourmet kitchen features vaulted ceilings and lots of granite counter space along with custom designed cabinetry and high-end stainless steel appliances.  Along with all of this, there is a great family room and game area with wood carved ceilings and a beautiful and welcoming entry.


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2 Casuarina Concourse, Gables Estates, List Price:  $12,500,000
What can we say about this home?  Interesting is the first word that comes to mind.  The location of the home on a peninsula is one of the best lots in Gables Estates.  Situated on about two acres, it features the most glorious views from every vantage point as well as 580 feet of waterfront making it ideal for yacht owners.  Inside, this unique home needs some modifications and restoration as it resembles of the inside of a large ship.  While it is unique and filled with beautiful details, it takes a little creativity to realize the home it can be especially given its location. 


Extraordinary Real Estate
Coral Gables in and of itself offers some of the most extraordinary real estate in all of South Florida.  These exquisite homes only add exceptional options for those seeking the ultimate in Coral Gables real estate.  With such unbelievable properties, Coral Gables is at the top of the list among the most elite cities in all of Florida.


Tuesday, August 27, 2013

Most Expensive Coral Gables Homes Sold (So Far) in 2013

With the pendulum swinging in a new direction, Coral Gables real estate is selling at a much faster pace.  This includes the high-end luxury homes in Coral Gables’ exclusive gated communities.  Following are the most expensive Coral Gables homes sold (so far) in 2013:

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400 Arvida Parkway, Gables Estates, Sale Price:  $11,500,000
Originally listed for sale in 2011 (not a great time for homes of this caliber), this 13,849 square foot home finally sold in March.  We featured in a January blog as the second most expensive home on the market at that time.  This spectacular gated home features the most exquisite details throughout the entire home.  It is situated on deep and wide canal emulates a European chateau.  In addition, the home offers its owners 180 feet of seawall with direct access to Biscayne Bay which is ideal for mega-yachts.  The entire estate is breath-taking and has a wonderful interior with huge kitchen, tons of living space, and eight bedrooms, 13 baths.  After being listed and removed from the market then re-listed again, it took 322 days to sell the home.

gables-estate-real-estate660 Arvida Parkway, Gables Estates, Sale Price:  $9,800,000
This beautiful estate in Gables Estates sold after 428 days on the market. The 6,512 square foot home is situated on 1.1 acres offers its owners the most unbelievable water views. From high ceilings to a wonderful and enormous gourmet kitchen, five bedrooms and seven baths, it is easy to see why this home sold.  The understated elegance abounds.  Outside, the over-sized  resort-style pool sits adjacent to a phenomenal outdoor living area and canal frontage with a seawall and dock with lift.  For yacht owners, this area of Gables Estates offers ocean access with no fixed bridges and open access to Biscayne Bay.  The list goes on in terms of details, fixtures and finishes all without being ostentatious or overdoing it. 

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555 Arvida Parkway, Gables Estates, Sale Price:  $7,000,000
Gables Estates is probably Coral Gable’s most exclusive neighborhood and inside is this beautiful Mediterranean style masterpiece.  This 8,500 square foot home sits on a large canal and features a large sea wall and dock that accommodated large yachts and provides easy access to Biscayne Bay and ultimately the Atlantic Ocean.  In addition, there is a perfectly landscaped lawn that surrounds the home and showcases a beautiful over-sized pool.  Inside the home, the living area is open and features beautiful fixtures and finishes expected in a home like this one.  On the market for just a little over seven months, this home sold in 236 days. 

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9345 Balada Street, Old Cutler Bay, Sale Price:  $6,700,000
On the market a little over four months, it is no wonder that a home at this level sold so quickly.  Not only is it a Smart home,built in 2006, it is a home that offers details such as beautiful stone and wood flooring, expansive sliding glass walls that open to the dramatic outside, an infinity pool, home theater, two offices, a gym, wine cellar, marvelous gourmet kitchen; private baths in all seven bedrooms. Situated on the water, the trip into the bay is a very short boat ride and makes for phenomenal days on the water.  There is nothing better than this home.  It is the perfect home for families. 

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190 Casuarina Concourse, Gables Estates, Sale Price:  $6,172,000
The new owners of this estate spent almost $6.2 million for a main residence with three bedrooms and four and a half bath in addition to a guest house with one bedroom, one bath.  It is a classic Florida waterfront estate with walls of glass showcasing amazing water views and elegant backyard.  One of the best highlights of this gorgeous home is the open-wood beamed ceilings that are elegant and understated.  Other bonuses are the large gourmet kitchen, salt water swimming pool, private dock, lift and 200 feet of seawall.  The canal is wide goes out into open water accommodating large yachts as there are no fixed bridges and easy access to the Bay and the Atlantic. 

More Estates Hitting the Market
The most interesting thing to note is that while a couple of these homes stayed on the market for a bit of time and others sold a little quicker, more estates are hitting the market with much higher list prices.  Coral Gables real estate is filled with gorgeous gated neighborhoods that are home to many beautiful estates and tons of opportunities to buy there. 

Monday, August 19, 2013

Top Five Coral Gables Waterfront Properties under $2 Million

Waterfront property is very popular in South Florida especially with boaters.  It is not uncommon to see yachts and boats of all sizes out on the waterways – Biscayne Bay, canals leading to the Bay as well as the Intracoastal Waterway and area rivers – all the time.

With property that lines the waterways, many of the enormous estates have elaborate and sophisticated docks that accommodate mega yachts and multiple vessels as well as lifts.  In Coral Gables, waterfront property comes at a premium.  The closer you are to the Intracoastal Waterway, the more expensive the property.  But, it is still possible to invest in Coral Gables real estate on the waterfront without breaking the bank.  Following are top five Coral Gables waterfront properties under $2 million:

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4735 Orduna Drive, Coral Gables Country Club, List Price:  $1,999,000
One of the best features in classic “old Florida” style homes like this one is the character it has.  Built in 1957, this canal home has have details that are not seen as often in newer homes.  From the Mission-style barrel clay roof tiles to the contemporary style of the era and open floor plan made for living, this is a wonderful and large home with five bedrooms, four baths, and office in addition to a huge gourmet kitchen with granite counter tops, tons of cabinet space, and two dishwashers.  The master suite is large and has a private bath with marble floors, granite counter tops and more.  The outdoor living area looks over the gorgeous pool and backyard adjacent to a great dock and unobstructed panoramic water views and a prime place to watch the manatees and dolphin swimming in the tranquil canal waters.

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825 South Alhambra Circle, Coral Gables Riviera, List Price:  $1,995,000
Upon entering this home, the first word uttered is definitely “WOW!”  It is an amazing architectural masterpiece.  Built in 1940, it has so many exquisite details that guests simply want to sit and stare.  It is a Mediterranean-style home situated on slightly over a half-acre landscaped lot and features 192 feet of waterfront on the Mahi Canal.  Boaters have direct access to the Bay with only one fixed bridge that accommodates vessels up to 12 feet.  Inside this home exudes so much elegance with stone, tile and hardwood floors, gorgeous wood-beamed ceilings and so much more.  Outside, there is a gracious living area that surrounds an inviting pool with tropical landscaping all around.  The enormous gourmet kitchen features granite counter tops, custom cabinetry, and more.  There is also a beautiful family room with all of the details seen throughout the house.  The master and five other bedrooms are large and wonderful places to squirrel away for “alone time.”  There is no doubt that how spectacular this home is.

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951 Bella Vista Avenue, Gables by the Sea, List Price:  $1,950,000
Moving further south to the gated community of Gables by the Sea showcases a couple of waterfront homes including this gorgeous home offering quick and direct access to the Bay with NO bridges.  This home’s layout is easy and flows well creating a calm atmosphere.  Built in 1968, it has the classic “old Florida” style with modern updates.  With over 3,600 square feet, it features two master suites (one located on the first floor and the other on the second floor).  Upstairs bedrooms overlook the waterway, pool and beautifully landscaped backyard.  Also included are extra rooms ideal for a home gym, maid’s quarters, home office or any other ideas.  The outdoor living area is very private and the perfect place to spend time in the Florida sunshine. 

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13040 Nevada Street, Gables by the Sea, List Price:  $1,795,000
Originally built in 1961, this Gables by the Sea home is just under 3,000 square feet with three bedrooms and three baths.  It exudes contemporary luxury with recent remodeling of the open and split floor plan.  The large kitchen is sleek with stainless steel appliances making it ideal for anyone who loves to be in the kitchen.  Other details include a large family room off the kitchen, a lovely living and dining room as well as an extra room that is perfect for a fourth bedroom or home office.  Outdoors, there is a fantastic and private pool along with 80 feet of waterfront with no bridges and easy, direct access to the bay. The best part of this home is that it is listed turn-key and has a brand new roof in addition to impact resistant windows and doors, and a two and a half car garage. 

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4706 Granada Boulevard, Coral Gables Country Club, List Price:  $1,745,000
Where do we start on this home?  It is amazing and big but not in an obtrusive kind of way.  It is simply a spectacular home with all the bells and whistles that make it unbelievable.  First of all, we cannot wait to talk about the mother of all walk-in closets in the master suite with shelves, glassed cabinets, drawers and places to hang clothing.  It is a dream closet.  From there, the eat-in kitchen features tons of granite counter top space with an island, stainless steel appliances and updated custom cabinetry.  The next thing is the fabulous outdoor living area with full outdoor kitchen (oven, dishwasher, and gas burners), large pool and panoramic canal views.  There is a dock on the canal that provides bay access with a few fixed bridges that accommodate vessels up to 10 feet.  With five bedrooms and four and a half baths under over 5,000 square feet, this is a perfect home for a large family. 
                                                                           
Waterfront Homes throughout Coral Gables
While there are waterfront homes throughout Coral Gables, they are premium properties with premium price tags.  Knowing that waterfront property under $2 million is a possibility is very promising to many buyers.  Check out the waterfront homes (and condos) in Coral Gables.  They are beautiful and make living in this part of Florida a lot more fun.


Friday, August 16, 2013

Midtown Lofts Miami

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Named Midtown Lofts Miami, this piece of Coral Gables real estate is a boutique condominium built in 2006  with 14 stories and only 99 residences of which 85 are loft residences and 14 are traditional condominium units.  While it is often billed as a ‘Miami’ loft condominium and sits at the edge of Miami, it has a Coral Gables address.  As for location, it offers a straight shot to Coral Gables, Coconut Grove and Brickell.  It is just as close to Coral Gables’ Miracle Mile as it is to Brickell or the up and coming Design District with other popular areas in South Florida being just a short drive away.

As a well-sought after address in Miami and Coral Gables, Midtown Lofts was designed by Cohen, Friedman and Encinosa.  Other recognizable area condominiums from Cohen Friedman and Encinosa include Gables Marquis in Coral Gables, the  Mutiny and Grove Isle in Coconut Grove, and Related Lofts in Miami just to name a few. 


Midtown Lofts Miami Amenities
midtown-lofts-miami-real-estateMidtown Lofts Miami is a wonderful place to live with so much to offer its residents.  Not only does it have a primo location, it features everything from a fitness center with sauna, an outdoor pool with pool deck off the fifth floor, enclosed parking as well as building and parking access controls to a relaxation garden, concierge and 24-hour security. 

Inside each residence, there are open floor plans ranging from 633 to 1300 square feet, ceilings rise up to 10 feet and floor to ceiling sliding glass doors that open up to nice balconies with beautiful city and water views.  The kitchen is open and welcoming with granite counter tops, stainless steel appliances, European cabinets, and more.  A great bonus is that all of the two-bedroom units have wine coolers in the kitchen.  In addition to the lofts and traditional condominium residences, there are also two-story townhome lofts available.
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Real Estate at Midtown Lofts
As for real estate, Midtown Lofts is one of Miami/Coral Gables’ sought after condominiums.  It offers affordable and gorgeous Coral Gables real estate is ideal for first time buyers and vacation home owners alike.  In addition, these are excellent real estate investments because of their affordability.  List prices for the eight units currently for sale range between the low-$100s for a studio and mid-$400s for a two-bedroom unit.

So far, in 2013, five units have sold between the low-$100s and mid-$200s.  When looking at the average number of days on the market, average for these five properties is 209 days but that includes one property that took over 960 days to sell.  By taking that one out of the mix, the average dropped to only 20 days – less than a month. 

In terms of Coral Gables rental properties, investors can expect to receive $1,500 to around $2,500 per month for rental rates.  This makes for an excellent investment property as the community is more affordable than others around it.

Close to Everything
Not only do the Midtown Lofts offer an open and contemporary loft to call home, the condominium is close to everything.  Living here allows easy access to pretty much every popular area in South Florida.  This is a great, great place to live.    

Wednesday, August 7, 2013

Gables Country Club

Gables Country Club is a very established and beautiful neighborhood in Coral Gables.  Situated in the heart of the Gables, it has a Mediterranean feel where tile roofs, awnings and intricate interior details not found in today’s newly constructed homes.  While the list prices range in a broad spectrum, it is very realistic to by a beautiful home in Gables Country Club for under $1 million.  Here are the top five Gables Country Club homes priced under $1 million:


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3226 Riviera Drive, List Price: $999,000
The location of this home is ideal as it is only a half block from the Biltmore Golf Course.  It features four bedrooms and four baths under about 2,640 square feet.  It features a wonderful and large kitchen with stainless steel appliances and glass front kitchen cabinets. Some of the unique details include a hardwood floors, Cuban tile, a courtyard with small pond, and a wonderful backyard area.  While the home had additions in the 1980s, it is in need of some work.  Because the location is so spectacular, another option is to build a new home on this perfect 1/3-acre lot.

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4220 Alhambra Circle, List Price:  $899,000
This fantastic home in Gables Country Club is surrounded by a privacy wall and gorgeous mature landscaping.  It has so much character inside and out.  The rooms are large and open with lots of details.  There is a large gourmet kitchen with granite of counter space, stainless steel appliances including a double oven, and tons of cabinets.  There is a perfect courtyard to sit and enjoy the beautiful Florida sunshine.  It is located on a quiet street that is close to great schools and top golf courses.   With four bedrooms and three and a half baths under 3,100+ square feet, it is perfect for a growing family.

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921 University Drive, List Price:  $775,000
‘WOW’ is the word for this Gables Country Club home built in the 1950s.  It has amazing fixtures and finishes inside and out that give it so much character.  Inside the ranch style home features high wood beam ceilings and tile floors throughout the rooms, and large windows and glass doors that showcase natural light.  The large kitchen has been newly updates with stainless steel appliances, custom cabinets, a nice-size wine rack and lots of space to create gourmet meals.  There are four bedrooms and three baths in the 2,900+ square foot home that is situated on just over a ¼-acre lot with tons of mature and tropical landscaping.  The location is perfect as it is very close to the Biltmore Golf Course and just a short drive to the Miracle Mile.  With four bedrooms and three baths not to mention the large lot and top schools nearby, this is an ideal home for families. 

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413 Fluvia Avenue, List Price:  $750,000
A classic Florida-style home this is an unbelievable home situated just short drive from everything including Coconut Grove, the Miracle Mile, the University of Miami.  Inside, the home has a wonderful layout with hardwood floors throughout the entire home and large rooms that are great for entertaining.  Built in in 1951, there are three bedrooms, two baths and a great kitchen in which cooks can easily move around and prepare excellent feasts.   Outside, there is a large pool with Jacuzzi as well as two stay areas where everyone can enjoy the Florida sunshine.  The home is surrounded by beautifully manicured landscaping.  This is simply a perfect home on a perfectly quiet street that is close to everything – what everyone wants!


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423 Candia Avenue, List Price:  $745,000
This is an absolutely lovely home built in 1926 with a Spanish-style architectural design.  It has all the charm and detail for which a home of this era is known.  From the front porch that leads from the carport to the living room with wood beam cathedral ceilings and fireplace to the large master suite with several closets (yes several) and master bath, this home has so much character throughout the entire home.  The backyard is large and features a small cottage with an open floor plan and newer bath to be used as a guest house or mother-in-law quarters.   Because it is a dated home, the home needs a little TLC to bring it to the glory of days gone by but the location close to everything in Coral Gables as well as surrounding areas makes it well worth the effort. 

The Heart of the Gables
Living in Gables Country Club is living in the heart of the Gables.  Close to most every part of Coral Gables, it is a neighborhood filled with residents who love where they live and take to preserve the character and atmosphere.  There is nowhere else in the area where you can find such wonderful homes with such attention to detail as in these “old Florida” bungalow and Spanish mission-style homes.  No wonder it is such a well-sought after area of the Gables and South Florida. 


Copyright 2012 Gables Riches. All rights reserved. 1800 SW 1st Avenue. Suite 504. Miami, FL. 33129. Tel (786) 344-4669. Fax (786) 533-3921 info@gablesriches.com